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Humana pulled out of the acquisition after United stock dropped $2.9 billion in value. [9] In 2001, Humana was a cofounder of Avality. [10] In 2005, Humana entered into a business partnership with Virgin Group, offering financial incentives to members for healthy behavior, such as regular exercise. [11]
In 2023, Humana announced that Bruce D. Broussard would step down as CEO in 2024, to be replaced by Envision Healthcare president and CEO Rechtin, after which Broussard would continue in a strategic advisor role into 2025. [4] Rechtin is married to Stacy, whom he met through mutual friends in Indianapolis; they live in Colorado and have three ...
Wendell Cherry (September 25, 1935 – July 16, 1991) was an American lawyer, entrepreneur, art collector and patron. The company he co-founded, Humana, grew under his leadership to become the largest hospital operator in the United States.
In 1989, was vice president of Humana, before being promoted to president in 1992. In 1996, he was the division president of the firm's Texas, Florida, and Puerto Rico operations, before becoming CEO of Humana in February 2000. [6] With a total compensation of $14.13 million in 2010, McCallister ranked 66th on the Forbes executive pay list. [4]
On June 28, 2007, in a statement about Sicko, Humana declared that Peeno was never a Humana "associate" (permanent, full-time employee), but rather a "part-time contractor". Humana also disputed the portions of Congressional testimony that were shown by saying that because the patient's specific healthcare plan didn't cover heart transplants ...
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UnitedHealth Group originated in late 1974, when Minnesota-based Charter Med Incorporated was founded by Richard Taylor Burke.It originally processed claims for doctors at the Hennepin County Medical Society. [5]